Planters Bank

Treasury

Business Checking Accounts

The Commercial Bankers at Planters Bank do much more than work with businesses in structuring their loans. Your Commercial Banker will help you in any aspect of your banking relationship – including checking and deposit accounts, online banking, technology solutions and much more – which means you can Expect Great Things from Planters Bank!

All Commercial Checking Accounts come with attractive Commercial Checking Account Extras. Also, for a quick overview of our Commercial Checking Accounts refer to our Comparision Chart. For information about Planters Bank’s Commercial Checking accounts, please see details below:

Free Business Checking

This is an economical, no-frills Checking Account designed for businesses that do not write or deposit a large number of checks … and don’t handle cash and coin. Your business is provided up to 200 monthly checking items processed1. However, as with all Planters Bank Commercial Accounts, it is rich in benefits and Checking Account Extras!

Features:

$100

Minimum Opening Balance

$0

Monthly Fee

$0

First 200 items processed1
• $.50 per item in excess of 200

Benefits:

Small Business Checking

This Checking Account is for businesses that maintain at least a $2,500 average balance, and do not need over 350 items processed per month. If your company falls within these numbers, you will seldom pay a Small Business Checking fee!

Features:

$100

Minimum Opening Balance

$10

Monthly Fee with opportunity to eliminate fee with
• $2,500 Monthly Daily Balance

$0

First 350 items processed1
• $.50 per item in excess of 350

Benefits:

Business Interest Checking

This interest-earning Checking Account is designed primarily for sole proprietorships and non-profit organizations. Interest earnings are based on daily balances with earnings posted to your account at the end of each monthly statement cycle.

Features:

$100

Minimum Opening Balance

$12

Monthly Fee with opportunity to eliminate fee with
• $3,500 Monthly Daily Balance

$0

Unlimited items processed per month 

Benefits:

Business Checking

Planters Bank’s Business Checking Account is typically a best fit for businesses that have a large monthly demand for writing checks or initiating other transactions – AND/OR – experience a high number of deposit items (such as super markets, convenience stores, utility districts, rental management companies, medical providers, etc.). Compensating balances can offset fees … and can possibly gain positive cash flow for a business. 

Features:

$100

Minimum Opening Balance

Varied

Monthly Fee
• Based on your account activity including numbers of items 1
• Fees can be reduced or eliminated with compensating balances

Benefits:

  • Business Online Banking and Bill Pay – Offers your business flexibility to structure Online Banking and Bill Pay to fit your company’s cash management and technology needs.
  • Visa® Business Check Card with uChoose Rewards 3
  • Check Images and eStatements Available (available on archival quality CDs upon customer’s request)
  • Commercial Checking Account Extras
  • Re-Order Checks

Compare Commercial Checking Accounts Info Request Bank Offices Switch to Planters

1 Items processed examples include: Outgoing checks written (paper checks or online checks), incoming checks deposited, returned checks processed, debit card transactions tied to the Checking Account, counting of items within Night Deposit bag, etc.
2 To be eligible for iDeposit Mobile you must have: (1) A banking relationship with Planters Bank for at least 30 days, , (2) A compatible mobile device (Android or Apple) and the Planters Bank Mobile App and (3) Maintain your Planters Bank accounts in good standing.
3 Upon approval. Redemptions of uChoose Rewards points may be subject to being treated as ordinary taxable income by the IRS. See your tax advisor for guidance.